Downtown Minneapolis loses tenant, but gains more

For 91 years TCF bank has had a corporate presence in downtown Minneapolis.

Come 2015 that will end for those 1150 employees as they will head to a TCF campus in Plymouth, but it's not doomsday for downtown.

"We are hitting on all cylinders so it's always disappointing when someone leaves but it's not a concern because so many positive things are happening in downtown right now," Minneapolis Downtown Council CEO Steve Cramer said Tuesday.

The big anchors are in place.

Target Field just opened up for its 5th season, Target Center is getting a major makeover as is Block E when it becomes a Mayo Sports Medicine Facility and practice space for the Timberwolves and Lynx.

The Vikings Stadium is well underway for its 2016 debut and with that Downtown East which will boast everything from retail to Wells Fargo towers.

The housing boom has been well documented as projects keep popping up from all areas of downtown from Loring Park to the North Loop.

At the end of last year nearly 2-thousand apartment units were under construction or slated to begin; all downtown.

Also Mayor Betsy Hodges is pushing with the downtown council for a 50 million dollar Nicollet Mall facelift.

"We are focused on redoing the Nicollet Mall which I think will create an exciting new core of downtown," Cramer said.

And if all of this sounds just too Minneapolis Centric leaders say it isn't as the health of the state's biggest city is best for everyone, not just the people who live or work there.

"All have a stake in a great downtown Minneapolis that can help feed the thriving regional and state economy," Cramer said.